ELF Token is looking to spread the Christmas cheer by aiding Toys for Tots to bring hope to many underprivileged children who have lost much during the pandemic.

ABC 6/FOX, FOX 28 and the CW Columbus have entered into a partnership with Rock City Church to collect 50000 toys to help Central Ohio families via the Toys for Tots Foundation. This will be the physical aspect of this year’s drive. Toys for Tots began in 1947 as an initiative of the U.S. Marine Corps. The Toys for Tots program distributes 18 million toys to 7 million underprivileged children every year.

There is also a virtual component to this year’s toy drive. The $ELF token, a new token recently launched on Binance Smart Chain, will be donating money to the charity. The $ELF token is not a rewards coin, nor is it a charity coin, but combines the two concepts to create a community coin. Two percent of every transaction goes to their charity wallet, and they reward in BUSD, because of its stability. This year, $ELF Token’s goal is to donate $100000 to Toys for Tots.

According to a recent interview with one of the owners of $ELF Token, Miles Harris, the token was designed with the purpose of benefiting society. Any changes to the rewards structure will be done based on a team and community vote. The 15-person team behind the $ELF token desires to spread Christmas cheer throughout the year. The team also has plans to launch an NFT creation and a gaming roadmap to achieve this, and is looking into supporting other charities.

According to CoinMarketCap, the $ELF token is a community-driven token targeting active and passive investors and the less fortunate. Investors are rewarded in BUSD for holding and are privy to giveaways. The token is inspired by the movie “Elf.”

The price of the $ELF token is $0.0000007809 at the time of writing. Buying the $ELF token, a BEP-20 token, can be done by purchasing BNB smartchain and adding the purchased tokens to the Trust Wallet app. The Trust Wallet app can then be connected to PancakeSwap, where BNB can be swapped for $ELF using the $ELF contract address.

As BeInCrypto previously reported, TheGivingBlock helps individuals who wish to donate crypto directly to nonprofits. Giving in crypto has the effect of using attracting less tax. The Giving Block makes it easy to donate crypto to Toys for Tots. A donation made by 19WhWeMkYZftcNwN9kZz63DmWmXLHvoXCB took the total contributions to $40K. The wallet donated 0.03536928 BTC.

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The post ELF Token Raising $100,000 for Toys for Tots Foundation appeared first on BeInCrypto.

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